Mining Minerals & Metals Share Discussion Threads

[1waving] 19/12/2008 16:51

Will not be getting an update yet but confident in the price of gold. Creating liquidity in stocks at the moment is providing the opportuity for sellers to come in even though the news is good. Think our interests are being looked after very well by a tried and tested management.
It may be that the next update we see is from Gold Fields quarterly report to end of Dec which should be out in Jan. Will see how far their agressive drill programme has gone. They have made it clear that Sankarani is seeing some hefty drilling this season.


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[1waving] 19/12/2008 11:14

Yes, he's certainly traded that one well using elliott -- there was a very clear 5 wave form up starting in about April -- he did very well.

[share_shark] 19/12/2008 11:10

I Waving.
was not meeaning Bgc....just the man's other trades!

Sorry for not making myself clear.

M any thanks anyhow for your comments.

[1waving] 19/12/2008 10:37

ss -- much as we both said, one to stay out of on a TA basis. Also worth noting that for TA to work well, particularly in the short term, the stock or financial instrument has to be highly liquid. Best to wait with bgc, not clear what may happen.

[share_shark] 19/12/2008 09:38

OT. IWaving.
Aphrodites. Same thread mentioned before. P.no 11568 you might wish to note.

I think you might call him the man with the Midas touch.

[slj] 19/12/2008 07:56

Talk of crude going down to $20 a barrel, and gold to $300 on Bloomberg this morning....

[share_shark] 18/12/2008 22:22

I take note of everything !. Many thanks.

[1waving] 18/12/2008 22:19

Free The Bullion Gold Market – Stop The Paper Gold Comex
Posted: Dec 18 2008 By: Jim Sinclair Post Edited: December 18, 2008 at 2:09 pm

Filed under: General Editorial

Jim Sinclair's Commentary

From an anonymous Swiss friend:

"Just for your information I have until now been able to buy 100 gram bars through my Swiss Banks.

Today the major Swiss Banks are also out of stock of the 100 gram bar. I can still buy 1 kg and 12 kg bars, but for how long?

As you have read the Swiss mints are working around the clock and seeing unprecedented demand.

With dwindling supply and very strong demand combined with the very favourable economic fundamentals for gold, it can only be a matter of time before the gold price explodes.

Also, the current move in gold is only against weak currencies such as the pound and the dollar. When the real move starts, gold will move up also against the Euro and Swiss Franc and this will be due to gold strength not just dollar weakness."
________________________

We are in for shortages of gold on the Comex and many other places have already reported shortages such as the mints themselves. The Comex figures for December delivery stand at 1,317,000 ounces or 46.5% of gold available for delivery from the Comex warehouse. That is just the December contract, the campaign is ongoing. Even though the taking delivery was intended to level the playing field with the paper manipulators I think many would like to kill off the Comex which is not surprising after it's outstanding services to corruption and outright collusion and participation in grand theft.

The forecasts are getting to $3-5,000 per ounce from sensible people --take note !!

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[share_shark] 18/12/2008 14:46

Nice to see someone working so hard for us.
Thanks. 1waving.

[valentine] 18/12/2008 14:31

Good luck. You may well get New Year greetings!

[1waving] 18/12/2008 14:26

val -- email to Hugh McSanta gone --- wait for the RNS !!!


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[1waving] 17/12/2008 19:53

ss
Had a look, pity he can't post his chart as a picture paints a thousand words but have looked at the chart in my own datadase and can see where he's coming from, however there is an alternate and more simple A-B-C type count to his which says more downside for now. The two counts contradict so not one I would go for.

Sometimes you can see very good patterns but more often you can't, it's the best patterns you aim to use alongside your trading/investing system.

[share_shark] 17/12/2008 19:11

OT I Waving.

Re 11546 post on the BGC thread from Aphrodites and an Elliot wave pattern. interesting as I have been trying to learn but I doubt if I ever wil again !!!!.

Much too old I reckon .

[share_shark] 16/12/2008 17:38

Worth a read.

Africa Mining Intelligence

News alerts from these and free.

Will find email contact addy.

edit.
Here it is.

[e-mail].

[share_shark] 16/12/2008 16:04

Ah, thought you might notice !.

[1waving] 16/12/2008 15:37

A euro country doing a Gordon Brown then !!!!!!!

[valentine] 15/12/2008 17:25

I understand 1w. I'd love to see it tomorrow!

Then I'll write in gratitude!

[1waving] 15/12/2008 17:24

I am not in that much of a rush but was thinking of emailing if there is no update in a few days.
Not looking for a spectacular, simply an update/progress report and any drill results received would be fine.

[valentine] 15/12/2008 17:20

I did a while back. I didn't get one then. Though the nature of the reply did not preclude one sometime around now. He is not going to run to a keyboard because I emailed him, anyway if it is written it is in the works now.! The rise in the IEX offer means more than an email.

[1waving] 15/12/2008 17:14

Does that mean you will not be emailing Hugh ??

[valentine] 15/12/2008 17:13

I hope he reads the bb's!